Gov. Rauner Signs Bill to End Double Dipping of Police Pensions Funds

The legislation addresses a loophole in current law, that lets retired police officers who return to duty collect two pensions from the same pension fund.

Governor Rauner says it's an important bill, since "double dipping" can put a huge strain on local finances.

The bill came about after controversy over whether a Naperville police chief should be able to accrue new pension payments while simultaneously earning a salary of over $168,000 and collecting payments from his first pension.

Retired officers returning to an active duty job will be able to enroll into a 401-k type of retirement plan instead.